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20121205
20121213
Search Results 0 to 4 of about 5 (some duplicates have been removed)
a little more campaigning. president obama heads to northern virginia this afternoon. the white house says he will meet with a middle class family to press congress to protect those making less than $250,000 a year from tax increases and raise rates on those making more. house republicans return to their congressional districts. they will meet with small business owners to underscore how they say tax rate increases will hit those business, jon. jon: are they still hung up on taxes? is that the big sticking point? >> yes. taxes are the key to this debate. republicans say they will increase tax revenue through cutting tax deductions. democrats say tax rates have to increase for families earning more than $250,000 a year. they're demanding republicans pass their tax plan. >> neither president obama nor democrats in cop guess have ever been ambiguous about our proposal to provide economic security for 98% of the american families and 97% of the small businesses while asking the wealthiest 2% to contribute just a little more to stop this run away debt. >> what the president is really interested
: the obama administration is now cracking down on states refusing to comply with health care reform. the white house announcing any state that refuses to fully expand medicaid to required levels will not receive full funding under obamacare. this as we learn another state, tennessee, has joined more than a dozen others in opting not to create a state-backed insurance exchange. brad blakeman, former deputy assistant to president george w. bush. brad, is this because the rollout with obamacare is not exactly going as planned? >> you bet. when only 13 states opt in to medicaid expansion. nine states say they won't. there are a bunch of states sitting on the sidelines freting how they will be able to absorb this kind of cost. it is economic duress on part of the administration. they feel only way they can expand their coverage is threatening the states with funds. fact the matter, rick, 70 million people on medicaid. largest expansion of additional 17 million under obamacare. the states can't afford it. 25% of their current budgets are going out to medicaid. and that is going to blow th
? the president or congress. i would make the argument that obama is clearly the one. certainly democrats are probably little bit more to blame. two years ago, democrats ran the entire town. they had a filibuster proof majority in the senate. they control the house and white house. if they wanted to cut spending at that time, they could have done so. republicans -- they could've done it over every republican objection and they could've gotten everything they wanted. they didn't do that. but i do think it's worth remembering that if you go back 10 years, president bush, and the republican-controlled congress, then acted too expensive for us that were not paid for. the thing that is worse today with obamacare, which i don't think we'll actually get paid for with these sudden efficiencies we will find in the federal government, which the federal government has never found before -- is that wars eventually end. entitlement programs like obamacare go on forever. just for those reasons, i do think democrats are far worse. all of these people have some blood on their hands. greg: you said that a
stopped looking for work. fox business network's peter barnes is live for us at the white house with the latest on this. peter? >> reporter: that's right, heather. that 7.7% for november was the lowest level since december 2008 and the lowest level of president obama's presidency, and that was down from 7.9% in october. non-farm payrolls up 146,000 in november. both of these numbers were somewhat of a surprise here, somewhat above expectations because economistses had been expecting -- economistses had been expecting that because of hurricane sandy, job creation might have been a little slower last month, the unemployment rate might have stayed a little bit higher. it turns out that sandy did have an impact, but not on the headline numbers. >> if you look deeper in the report, you do see that over a million workers who normally work full time were reduced to part-time hours during the reference week because of bad weather, and over 300,000 additional workers weren't able to work at all because of bad weather. >> reporter: and because of the way the labor department calculates or
Search Results 0 to 4 of about 5 (some duplicates have been removed)